Group Insurance and Financial Assistance Coverage for Employees of WASA Multan

Water and Sanitation Agency (WASA) Multan invites quotations from insurance companies for group insurance and financial assistance coverage for its employees. Participation is restricted to insurance companies approved by the Government of Pakistan.

Interested companies may obtain employee information, including the number of employees and relevant particulars, from the WASA Multan office during office hours following publication of the notice. Sealed quotations must be submitted to the office within 15 days of publication, making the submission deadline 13 November 2026. Quotations will be opened on 16 November 2026 at 12:00 noon. Quotations received after the prescribed deadline will not be considered.

The security requirement is Rs. 1,200,000 for group insurance and Rs. 50,000 for financial assistance. Companies should quote for the relevant coverage in accordance with the agency's requirements.

Both policies and the resulting agreement will take effect from 1 July 2026. The successful insurance company will be responsible for settling group insurance and financial assistance claims for the legal heirs of employees who die during service within the applicable coverage period, including claims arising from 1 July 2026.

Financial assistance payments must comply with the applicable Punjab Government policy and Finance Department correspondence dated 15 August 2017 and 7 February 2024. The notice also provides for extension of the agreement by mutual consent under the cited Punjab procurement rules.

If quotations are not received by the prescribed date, quotations may be invited again within seven days. For employee particulars and enquiries concerning the quotation requirements, contact the Director Administration, WASA Multan, at 061-9330055.